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Ernst & Young to Provide Insights on Doing Business in Ethiopia

Tigrai Online
April 06, 2012

Zemedeneh Negatu, Managing Partner of Ernst & Young Ethiopia and Head of Transaction Advisory Services East Africa, joins the list of confirmed special focus session speakers for Doing Business in Fast-Growing Africa. The conference is being held on Friday, April 27, 2012 in Charlotte, North Carolina. It is part of the line-up of events for Charlotte Africa Business Week (CABW) 2012.

The conference is highlighting Ethiopia, Nigeria, and DR Congo under the theme, “Business in Africa’s Most Populous Countries.” Negatu joins other key business and government leaders to demonstrate why Africa is the last, great emerging growth region.

Ethiopia has one of the largest consumer markets, over 80 million people, in Africa and grew at a rate of 7.5% in 2011. It is a member of the EAC and COMESA regional economic communities, expanding access to a consumer market larger than 400 million people.

Like many of Africa’s major capital cities, Addis Ababa in Ethiopia, is experiencing increased economic activity with construction levels being a significant indicator. In the last several years, Addis Ababa has added world class facilities, including a new convention center, headquarters for the African Union, and hotels like the Radisson Blu.

“Ethiopia is an example of many African countries who have gained sufficient economic momentum to begin to really tackle their social issues like poverty through trade instead of aid, which increases their voice in global governance. This is a new geopolitical dynamic to which Western governments have to adapt and some have found difficulty in doing so. However, for businesses looking for new markets, opportunities abound and the doors are open,” says Lauri Elliott, Director of Afribiz Media, a partner for CABW 2012.

For further information and to register for the conference, go to http://www.afribiz.info/content/doing-business-in-fast-growing-africa-a-focus-on-regional-markets-and-economic-hubs.

For further information on Charlotte Africa Business Week, visit http://www.charlotteafrica.com.

Source Afribiz

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